Pending tax reform legislation is good for the nation's economy as well as for President Donald Trump, and it's not a good reason to vote against the measure just because it could help the president, Rep. Ron DeSantis said Friday, while admitting that it's hard to know the impact of the taxes on Trump's finances.

"It's hard to know because he has complicated financial arrangements," the Florida Republican told CNN's "New Day." "The fact to me that it's good for him is not a reason to vote against him. If it was good for him or bad for him, but bad for the country, then just the fact that people may want to see people get socked with more taxes that wouldn't be a reason to vote against it."

DeSantis said he want to make sure the United States keeps and retains capital, and that money comes back into the United States.

"If by doing that allows us to grow more and wages to increase and jobs to be created, the fact that Trump may be getting a tax cut to me is not a reason to vote against the plan," he added.

Trump earlier this week refuted claims that the reform bill will save him money, insisting that it will cost him "a fortune."

The president, though, has repeatedly declined to release his tax returns, as every other modern-era president has done, pointed out "New Day" host Chris Cuomo.

Trump also is rebutting independent analysis that shows many wealthy people would receive a tax break under the plan.

"Even the more static analysis says you will probably get more economic growth, so it will be about $500 billion and that's on the conservative side and some conservatives think you may get more," said DeSantis. "I would suggest members of our party that crow about government wasting money and big government, why don't we get a together and figure out a way to cut down the spending? I have a concern about the deficit, too, but some of those folks vote for big spending increases, and that's part of the issue, too, Chris, it's not just the tax side."

The business tax cuts are also important because the United States is competing against other countries with lower business taxes.

"The fact is we are at a competitive environment and I want to be on the cutting edge rather than disincentivizing people," said DeSantis.

Pending tax reform legislation is good for the nation's economy as well as for President Donald Trump, and it's not a good reason to vote against the measure just because it could help the president, Rep. Ron DeSantis said Friday, while admitting that it's hard to know the...